NATIONAL FEDERATION OF THE BLIND OF TEXAS INC (EIN 742056167) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1979

Legal Domicile

Principal Officer

Norma Crosby

Phone

2819687733

Tax Period

2024-01-01 to 2024-12-31

NATIONAL FEDERATION OF THE BLIND OF TEXAS INC, founded in 1979, is a small nonprofit in the Diseases & Disorders sector that reported $762K in total revenue in fiscal year 2024. Revenue decreased 11% compared to the prior year. Expenses of $733K left a modest 4% surplus.

Mission

The NFB of Texas is an organization made up of blind and sighted people working to improve the lives of blind Texans by providing assistance and services to parents, blind workers, and consumers of rehabilitation services.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $715,785

Program Service Revenue $0

Investment Income $45,589

Other Revenue $140

TOTAL REVENUE $761,514

Expense Breakdown

Grants Paid $52,977

Salaries & Benefits $277,746

Fundraising Expenses $0

Program Expenses $652,833

Other Expenses $402,326

TOTAL EXPENSES $733,049

Year-over-Year Comparison

	2024	2023	Change
Revenue	$761,514	$860,191	-0.1%
Expenses	$733,049	$807,548	-0.1%
Net Income	$28,465	$52,643	-0.5%

Key Indicators

✓ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

100

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Norma Crosby	President	10	Officer Director	$0	$0	$0
Raul Gallegos	1st Vice President	2	Officer Director	$0	$0	$0
Wendy Walker	2nd Vice President	2	Officer Director	$0	$0	$0
Louis Maher	Secretary	2	Officer Director	$0	$0	$0
Lara Sowell	Treasurer	2	Officer Director	$0	$0	$0
Pamela Chesser	Board Member	2	Director	$0	$0	$0
Daniel Martinez	Board Member	2	Director	$0	$0	$0
Al Rodriguez	Board Member	2	Director	$0	$0	$0
Thomas Rodriguez	Board Member	2	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$761,514	$733,049	$981,698	$28,465
2023	$860,191	$807,548	$879,784	$52,643
2022	$569,279	$702,573	$756,161	$-133,294
2021	$639,857	$701,249	$947,413	$-61,392
2020	$666,593	$599,550	$945,681	$67,043

NATIONAL FEDERATION OF THE BLIND OF TEXAS INC